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20130301
20130331
Search Results 0 to 2 of about 3 (some duplicates have been removed)
a couple quotes one from dennis gotman the binging has been shaken to its roots. the banking depends on trust. he wrote a note to his clients trust that has now been shattered, broken and destroyed. jim o'neal at goldman sachs says astonishing with very little thought of containing. >> bailout 101 is you want to keep the money in the banks. you want to avoid a run on the banks. you want to avoid whe people are standing outside wanting their cash because the second that happens you have a huge problem. i think jim was right. it was astonishing. all of a sudden the solution the this bailout unlike other bailouts which included os stairity and all sorts of other measures, this is about taking money that's in your bank account. that's what this was and they were going to effectively confiscate the money and not just money from people who have uninsured deposits. it would be the equivalent of the fdic and the u.s. saying positsre insured nobody should touch it. not only were they touching the uninsured part but they were touching the insured pawrltses. if this was about cyprus this wouldn
Search Results 0 to 2 of about 3 (some duplicates have been removed)